With gold and silver prices rebounding, this could signal the end of a very short, sharp correction for gold, plus look at silver.
This Could Limit Gold & Silver Downturn
August 12 (King World News) – Fred Hickey: “Massive futures trading (Tuesday) of both gold & silver. Can’t wait to see COT report on Friday (with data through today). One fact that could limit/shorten this downturn: Large specs/Managed Money had relatively small net long positions before this decline started (unlike 2011 top).”…
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Ole Hansen, Head of Commodity Strategy at Saxo Bank: A close near the highs today in gold and silver could potentially signal the end of a very short, sharp but needed correction.
This Could Signal The End Of A
Very Short, Sharp Correction
Ole Hansen, Head of Commodity Strategy at Saxo Bank: Silver also bouncing strongly after correcting 50% of the June to August rally.
Silver Also Bouncing Strongly
Gold & Silver Rebound, Plus Look At Used Car Prices
***ALSO JUST RELEASED: Gold & Silver Prices Rebound, Plus Look At What Is Happening With Used Car Prices CLICK HERE.
***To listen to the powerful audio interview where Alasdair Macleod discusses the possible collapse of the LBMA, trapped bullion bank gold shorts and much more click here or on the image below.
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